2. Kunlun Bank, formerly known as Karamay City Commercial Bank, was restructured from Karamay City Credit Union in 2006. In April 2009, PetroChina took control of Karamay City Commercial Bank through capital increase, and officially changed its name to Kunlun Bank on April 20 10. Therefore, Kunlun Bank has always been called "the internal bank of PetroChina system".
1. Although the scale of Kunlun Bank is small, its strength cannot be underestimated, and Kunlun Bank also shoulders an important mission. In 20 14, China City Commercial Bank ranked 12 in China Banker magazine. The unique role of Kunlun Bank for PetroChina is to issue lucrative entrusted loans through its channels and settle funds with sensitive resources. For PetroChina, "own" Kunlun Bank is not just an ordinary bank. Through Kunlun Bank, funds are settled with sensitive areas. This unique channel role makes it an irreplaceable pawn in the huge territory of PetroChina.
2. After 10 years of development, the integration of industry and finance of Kunlun Bank has begun to take shape and its comprehensive strength has been continuously enhanced. From a small regional city commercial bank, it has gradually developed into a characteristic commercial bank with cross-regional operation and certain international influence, and its asset scale has entered the forefront of national city commercial banks, making it one of the fastest growing banks in China in recent years.
3. In April, 2009, China Petroleum and Natural Gas Group Company controlled Karamay Commercial Bank through capital increase, and officially changed its name to Kunlun Bank in April, 20 10. By the end of 20 17, the total assets of Kunlun Bank were 31752.5 billion yuan, up 8.29% year-on-year, the annual net profit was 2.968 billion yuan, up 16.3% year-on-year, and the non-performing loan ratio was 1.57%. In Xinjiang, Beijing, Shaanxi, Heilongjiang and other provinces and cities, 9 branch-level institutions and 85 branches have been established, with a total of 2,954 employees.
4. On March 9, 2020, the "20 19 China Banking 100 Top List" was released, and Kunlun Bank ranked 39th.